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target group inc. cultivates, processes, and distributes curated cannabis products for the adult-use medical and recreational cannabis market in canada. its products include cannabis flower and extract pods for vaporizer use, cannabis pre-rolls, k-cup infused coffee and tea pods, infused cannabis beverages and edibles, infused topical products, and cbd wellness products. the company also offers wisp, a single-use pre-measured pod and vaporizer system for consumers involved in vaporizing natural herbs, including cannabis. target group inc. has a collaboration agreement with cgreen, inc for manufacturing and distributing the patent-pending thc antidote true focus in the united states, europe, and the caribbean. the company was formerly known as chess supersite corporation and changed its name to target group inc. in july 2018. target group inc. was founded in 2013 and is based in vaughan, canada.Target Group Inc., a Canadian cannabis cultivator and processor listed on the Pink Limited Market under “CBDY,” reported 2025 revenue of $3.88 million, down from $6.59 million in 2024, and a net loss of $1.36 million after a small profit the prior year. The company had a working capital deficit of $11.05 million, an accumulated deficit of $32.31 million, and year-end cash of $100,410, while payables to related parties totaled $10.36 million. Its auditor issued a going concern warning, citing these deficits and liquidity pressures. Target operates primarily through its Canary Rx facility in Ontario, producing premium cannabis for Canada’s wholesale market, and faces industry headwinds, including regulatory complexity, oversupply, pricing pressure, and consolidation in the Canadian cannabis sector.
Target Group Inc. (CBDY) filed its Q3 2025 10‑Q, reporting softer sales and continued losses amid liquidity pressure. Q3 revenue was $499,650 versus $541,113 a year ago, with a net loss of $479,392 versus $528,950. For the nine months, revenue was $3,145,813 versus $4,736,055, and net loss was $807,375 versus $55,454.
The balance sheet shows cash of $337,488 and total assets of $6,197,102 against total liabilities of $13,630,641, resulting in a stockholders’ deficiency of $7,433,539. Current liabilities include $10,198,072 payable to related parties and $104,100 in deferred revenue.
Management disclosed “substantial doubt” about the company’s ability to continue as a going concern, citing a working capital deficit of $10,558,219 and an accumulated deficit of $31,754,219. Interest and bank charges were $781,452 year‑to‑date, reflecting a heavy financing burden. As of November 7, 2025, 617,025,999 common shares were outstanding.